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FTX's US Leadership, Bahamas Liquidators Say They've 'Resolved' Most of Their Issues
6.1.2023
FTX's U.S. leadership and the company's Bahamas wing's court-appointed liquidators have formed a cooperation agreement addressing how assets may be inventoried and disposed of, among other issues, a press release Friday said
Industry seeks solutions for NFT image-hosting disasters
6.1.2023
NFT project executive Alex Altgausen said that if NFT projects are trying to disrupt traditional industries, they should explore storage technologies available in Web3
ChainSafe & Aztec Network’s integration proposes to solve ENS privacy issues
6.1.2023
ChainSafe Solutions takes the opportunity of sharing the proposal that it has forwarded at the Ethereum Name Service (ENS) DAO weekly ecosystem meeting on the 8th of December, 2022. The prime issue that the company was dealing with and seeking solutions for ENS privacy issues. It was a detailed...
Marex Solutions Issues Coinbase-Linked Structured Product Offering a 40% Coupon
5.1.2023
Many investors expect the crypto exchange to gain market share in the wake of rival FTX's collapse and prefer to express their view via structured products that offer enhanced coupon with downside protection, Marex Solutions' Ilan Solot said
Crypto Brokerage Genesis Global Trading Asks for More Time to Resolve Lending Issues – What is Going On?
5.1.2023
Derar Islim, the interim CEO of crypto brokerage Genesis Global Trading, has told clients that they need more time to resolve the financial crisis plaguing its lending business.
In a statement on Wednesday, Islim claimed that they will be able to sort out the current tough financial position...
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
3.1.2023
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675...
Genesis and DCG seek path for the recovery of assets amid liquidity issues
21.12.2022
According to the co-founder of Gemini, Cameron Winklevoss, Houlihan Lokey is working on behalf of the Creditor Committee to resolve the liquidity issues at Genesis
Gemini Creditor Committee Presents Plan to Resolve Liquidity Issues
21.12.2022
The creditor committee expects to hear from Genesis and DCG by the end of the week
US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX
21.12.2022
A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how that will work.” Senator Sherrod Brown...
Bringing community-based solutions to crypto lending can solve trust issues
20.12.2022
The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues
18.12.2022
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors committee. 31 days after Gemini paused the Earn...
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
16.12.2022
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains —...
New York State issues guidance for banks seeking to engage in activities with crypto
15.12.2022
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup
So, you’d like to animate the display property
15.12.2022
The CSS Working Group gave that a thumbs-up a couple weeks ago. The super-duper conceptual proposal being that we can animate or transition from, say, display: block to display: none.
It’s a bit of a brain-twister to reason …
So, you’d like to animate the display property originally...
Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin
12.12.2022
The Jewel USD stablecoin will be launching on Polygon
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
8.12.2022
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do...
Financial Stability Board aims to address crypto-related issues following 'failure of FTX'
6.12.2022
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority
The Callisto Protocol Director Blames Launch Issues On 'A Damn Clerical Error'
6.12.2022
Aggrieved Steam reviewers are likely enough indication that The Callisto Protocol has been having a pretty painful opening week. However, if you couldn’t tell from the choral cries of unplayable PC performance and console bugs, game director and Striking Distance Studios CEO Glen Schofield confirms...
How to Save Assets After a Metamask Wallet Crash – KeychainX Expert Explains
6.12.2022
What if a Metamask wallet has crashed or become corrupted, and a user is afraid of losing all of their digital assets? To ensure that a lost crypto wallet is recovered successfully, users should read the advice of wallet recovery experts from KeychainX, the trusted service provider that specializes...
Metallica issues crypto scam alert before the 72 Seasons album launch
6.12.2022
Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation